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Session 7 Quiz

Test What You Learned!

8 multiple-choice questions about Session 7: Investing and Growing Money. Get 6 or more right to pass!

How it works:

Progress

1

What is investing?

  • Saving money in a jar
  • Putting money to work with the expectation it will grow
  • Spending money on things you want
  • Lending money to friends
2

What is the relationship between risk and reward?

  • Higher risk always means losing money
  • Higher potential rewards generally come with higher risks
  • There is no connection between risk and reward
  • Lower risk means higher rewards
3

What is a stock?

  • A loan to a company
  • A small piece of ownership in a company
  • A type of savings account
  • A government bond
4

What is diversification?

  • Putting all your money in one stock
  • Spreading investments across different types to reduce risk
  • Investing only in bonds
  • Saving money in multiple banks
5

What is halal investing?

  • Investing in any company that makes money
  • Investing according to Islamic principles, avoiding prohibited industries
  • Only investing in Muslim-owned companies
  • Never investing at all
6

What are sukuk?

  • Interest-bearing bonds
  • Islamic financial certificates where holders own a share of an asset
  • A type of stock
  • A savings account
7

Why do companies sell stocks?

  • Because they are going bankrupt
  • To raise money for growing their business
  • Because the government requires it
  • To lower their prices
8

What is industry screening in halal investing?

  • Checking if a company is profitable
  • Checking if a company's activities are permissible in Islam
  • Screening for the biggest companies
  • Looking for companies with low prices